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Savers get a boost with new IRS limits for 2017.
The internal Revenue Service announced its “2017 Limitations Adjusted As Provided in Section 415(d), etc.” and savers will be pleased to see that the opportunities for tax-advantaged savings have been enhanced, if only a little bit. The enhancements primarily involve the phase-out limits for traditional and Roth IRAs, as well as a slight advancement on the Saver’s Credit limitation. View the official IRS document here, and an article by Forbes reporter Ashlea Ebeling describing the new limits here…
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